CFO
Premium hiring for Client of Grassik Search PVT LTD
Dubai/ UAE
Job Description
Assist and advise the CEO and Management in all financial matters in the best interest of the hospital services offered by it as well as their ongoing improvements. Participate in employee renumeration and incentive plans to encourage better performance. Participate in planning and monitoring quality management and improvement programs including risk management. Priortizing processes to be monitored and improvement to be carried out, co-ordination and communication thereof to staff training and participation to the staff. Organize systematic aggregation and analysis of data in hospitals in the department. Submit reports to the Board of Directors on the financial performances of the Hospital, Annual Budgets for approval. Ensure Implementation of Policies and Procedures as laid down. Interaction with Banks, Auditors, Insurance Companies and Other organizations with Direct Billing arrangements. Ensure application of Internal Controls
Salary:Not Disclosed by Recruiter
Industry:Medical / Healthcare / Hospitals
Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Senior Management
Role:Head/VP/GM-CFO/Financial Controller
Employment Type:Permanent Job, Full Tim
Education-
UG:Any Graduate - Any Specialization
PG:CA
Doctorate:Doctorate Not Required
Company Profile:
Premium
Client of GRASSIK SEARCH PVT LTD
Head of Retail Lending - Secured and Unsecured
Standard Chartered Bank - UAE
Jordan
The Role
PURPOSE * Managing and controlling operational activities pertaining to Operations, to ensure the delivery of quality service to customers * Managing operational risks by ensuring that appropriate processes and controls are in place and being adhered to. Areas with weak controls and involving high risks are being closely monitored and appropriate mitigates are in place * Implementing continuous improvement in operational efficiency * Ensuring that processes and controls are revised with regular intervals for better operational efficiency and to mitigate operational risk * To ensure execution of key controls to minimize operational risk. * To ensure compliance with Regulatory and Bank's requirements including all Anti Money Laundering related requirements RESPONSIBILITIES: Strategy * Handles and makes decisions regarding operational issues to ensure compliance with local processes, Jordan Central Bank requirements, Group requirements, Operational Risk requirements and agreed customer service standards * Proactively reviews and analysis existing operational processes, controls and systems with a view to identify inherent risks and areas with weak controls and implements new processes and controls wherever deemed necessary to mitigate operational risks * Continue working with GSSC hubs and outsourced vendors to ensure uninterrupted services to the respective businesses and improve services. * Recommends and implements process/workflow changes for greater efficiency and controls * Ensures that all relevant reconciliations are conducted on prescribed frequencies * To ensure compliance with Regulatory and banks requirements including all Anti Money laundering related requirements * Approve relevant transactions and documents * Ensure that Job Descriptions, Job Objectives and Performance Appraisals of the department are up to date Business * To contribute to the bank's One Bank One Team initiative. * Build a support "Sales" culture in operations by:- * Working as a member of a larger, 'engaged' team (i.e. across departments of the bank) * Ensuring delivery standards are as per the Service Level Agreements in force with other departments. * Contributing to the betterment of customer service, operational efficiencies. Processes * Manage Retail Lending team in Jordan. * Service Orientation and Customer Relationship Management in being responsive to customer needs (end customer as well as the Corporate, CB and Retail businesses). * Proactively identify service delivery issues and address them in operational plans. * Operate within established budgets and within other performance parameters. Provide cost effective solutions. Accountable for productivity, turnaround time, accuracy level, cost management & customer satisfaction. * Ensure that key business practices and service delivery processes are conducted in compliance with Group and country regulatory guidelines. * To support business initiatives in launching new products/ services. * Ensure that he/ she are fully aware of all the policies and procedures issued in relation to money laundering prevention. He /she must ensure compliance with these policies and procedures on an ongoing basis. Any suspicious transaction must immediately be reported to the supervising officer. * Ensure adherence to the following * Delegation of authorities * All products/ services are offered in accordance with the terms of an approved product program * Zero tolerance issues, such as reconciliation, timely renewal of PPGs are adhered to. * Motivate and lead the team. * Ensure adequate on the job training is provided to staff on an ongoing basis relating to existing policies, processes and any changes thereto * Manage the completion of department related projects. * To aim for a minimum audit rating of 2 for the department * To maintain & review service standards on an ongoing basis and ensure they are met by respective staff within the unit Responsibilities as a Compliance Representative * To assist in creation and maintenance of a compliance culture * Undertake periodic monitoring, Group Standards and Controls (SRGSC) and generate timely and accurate compliance reports * Proactively advise Country Compliance on compliance issues People and Talent * Guide, coach and motivate team members to commit in delivering superior performance * Manage resources within team to meet and exceed service standards. * Encourage and foster a friendly working environment where staff at all levels seeks achievement through teamwork and Operational efficiency. * Able to manage and influence RETAIL LENDING Staff * Independently and/or closely work with TLs to guide, coach and motivate team members to consistently deliver superior performance. * Be a master coach/ trainer/ facilitator for service quality across in RETAIL LENDING, coach and motivate team members to commit in delivering superior performance * Involve in recruiting process, succession, deployment, training and appraisals of RETAIL LENDING staff as appropriate. * Able to manage Chennai team properly aspects (if any); i.e. Capacity, coaching, performance management, etc. Excellence: * Planning and control staffing, deployment, training, appraisals and all other personnel matters relating to staff in the team. * Build a talent pool of multi-skilled potential SEM through cross training and functional moves within and outside RETAIL LENDING. * Engage with SQM team members (if any), maximise on individual strengths and thereby building a team commitment to Service Excellence. empower SQM team (if any) through providing clarity on what excellence means for their roles. * Build training programmes that can be delivered within RETAIL LENDING. * Maintain a professional SCB image through all interactions with clients * Encourage and foster a congenial working environment where staffs at all levels seek achievement through teamwork and operational efficiency. Risk Management * Understand, analyse each process supported by the department * Ensure key controls are appropriately defined, implemented * To participate in Jordan BCP/DRP Testing to ensure that functionality at all times * Guard against control lapses * Maintain an up to date KCSA, DOI/Process Notes. Ensure effective implementation * Maintain and follow up on risk inventory; effectively prioritize risk. * Ensure adherence to key group policies * Maintain a healthy control environment; audit ratings to be graded satisfactory. * Ensuring transactions are processed in accordance with Group policies, key being * AML Policy * Sanctions Policy * Compliance Policies * Group Delegation of Authority Manual * Group Operation Risk Policy * Local BCP document * To ensure compliance with internal and external requirements Required: * Ensure all laid out policies and procedures are strictly complied in the team. * Maintain a good reputation of the Bank. * Ensure process for client identification is clearly embedded * Ensure that all control reconciliation activities are conducted in a timely and accurate manner * Comply with applicable Money Laundering Prevention Procedures and, in particular, report any suspicious activity to the Country Money Laundering Prevention Officer and Line Manager. * Ensures KCSA checks and Operational Risk Management activities are properly conducted. Maintain a good reputation of the bank. * Ensure all laid out policies and procedures are strictly complied in the team. Excellence : * Identify gaps which would put the Bank and its clients at risk and take appropriate actions * Able to anticipate issues, thereby minimising risk and customer impact. * Establishes a performance culture around Risk Management using root cause analysis and corrective action planning as key elements of operational risk management * Proactively identifies, assesses and mitigates risk issues * Ensures appropriate follow through of audit findings * Ensure process for client identification is clearly embedded * Ensure that all control reconciliation activities are conducted in a timely and accurate manner * Comply with applicable Money Laundering Prevention Procedures and, in particular, report any suspicious activity to the Country Money Laundering Prevention Officer and Line Manager. * Adheres to Information and Retention Policy (example archival/ storage of client requests) Job Holder may also be called upon to support other Officers/ Managers in the implementation of the control self assessment checks in other departments, as well as to support the implementation of an effective business continuity plan. Ensure that he/ she are fully aware of all the policies and procedures issued in relation to money laundering prevention and various Group policies on sanctions. He /she must ensure compliance with these policies and procedures on an ongoing basis. Any suspicious transaction must immediately be reported to the supervising Head or UORM or Head legal and compliance.. Governance * Ensure compliance with the Laws of the land and in particular, facilitate the implementation of the bank's compliance risk management framework. * To ensure that the bank's information systems are used per prescribed policies, and in particular, to ensure that passwords are never shared/ compromised.
Requirements
* A University Degree or equivalent is however desirable * Sound knowledge of operational aspects of relevant RETAIL LENDING Services products and RETAIL LENDING Systems. Also necessary to understand all the Account services products. * Knowledge of Banking and Services operations. * A good knowledge and understanding of the provisions and definitions contained in the ICC Uniform Rules * Good understanding of Operational Risk including Money Laundering, Sanctions and Know Your Customer Group requirements & policy, RETAIL LENDING Document Operation Instructions (DOI).
About the Company
Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group\\\\'s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.
Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.
In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.